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Kansas City, MO 64108 Real Estate Market Report

ZIP Code: 64108
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
27
Active Listings
27
Sold Properties
0

Market Metrics

Median Listing Price
$292,500
Median Sold Price
$0
Median Price per Sqft
$250/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,528

Property Taxes

Property Tax Rate
0.71%

Liquidity & Velocity

Median Days on Market
232

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. median sold price is the primary indicator of market value, but the median sold price is not available in the provided metrics; therefore, rely on listed-price context and trend signals (notably the median listing price of $292,500) to interpret recent transaction-level pricing and seller expectations. neutral

  2. median days on market of 232 signals slower sales velocity and pricing friction; with the market temperature reported as neutral, this suggests a paced market where deals may require more marketing time or price adjustments rather than immediate bidding wars.

  3. median price per square foot of $250 alongside a median market rent of $1,528, with rents trending up, indicates persistent value per unit area and upward rental pressure; investors should note rent appreciation while respecting current transaction pace. up

  4. Interest-rate conditions are a material headwind: interest rate pressure is reported as elevated, which may suppress affordability and slow buyer-driven acceleration despite the price year-over-year trend being up; expect continued caution among rate-sensitive buyers.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

1520 Jarboe St, Kansas City, MO 64108
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
3 baths
3,708 sqft
$1,600,000
$431/sqft/sqft
202 days on market
1609 Jefferson St, Kansas City, MO 64108
Premium

Sold above market average

4 beds
3 baths
2,665 sqft
$1,200,000
$450/sqft/sqft
142 days on market
1601 Jefferson St, Kansas City, MO 64108
Premium

Sold above market average

3 beds
2 baths
2,172 sqft
$1,050,000
$483/sqft/sqft
142 days on market
529 E 19th St, Kansas City, MO 64108
Premium

Sold above market average

3 beds
3 baths
2,298 sqft
$959,000
$417/sqft/sqft
589 days on market
1643 Jefferson St, Kansas City, MO 64108
Market Benchmark

Sold at market average

3 beds
2 baths
2,105 sqft
$540,000
$257/sqft/sqft
291 days on market
1825 Mercier St, Kansas City, MO 64108
Premium

Sold above market average

2 beds
2 baths
1,220 sqft
$495,000
$406/sqft/sqft
958 days on market
2020 Summit St, Kansas City, MO 64108
Value

Sold below market average

4 beds
2 baths
1,800 sqft
$360,000
$200/sqft/sqft
261 days on market
2331 Belleview Ave, Kansas City, MO 64108
Premium

Sold above market average

2 beds
1 baths
840 sqft
$310,000
$369/sqft/sqft
114 days on market

Kansas City, MO 64108 Real Estate Market Report

ZIP Code: 64108
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
11
Active Listings
11
Sold Properties
0

Market Metrics

Median Listing Price
$455,000
Median Sold Price
$0
Median Price per Sqft
$314/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,300

Property Taxes

Property Tax Rate
0.76%

Liquidity & Velocity

Median Days on Market
143

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. median sold price is not available in the provided metrics; this may indicate insufficient recent closed-transaction data in the sampled set or reporting lags for finalized sales—interpretation should rely more heavily on listing-level and trend signals until sold data is published. data gap

  2. median listing price 455,000 suggests current seller expectations in the neighborhood are anchored at this level; with sold-price data missing, this listing-level signal may represent pricing friction between ask and realized transaction values. pricing friction

  3. median days on market 143 points to materially slower sales velocity versus typical suburban turnover, which may indicate buyers are taking longer to transact or greater negotiation cycles are occurring—this slower pace appears to coexist with the listing price environment. slower sales velocity

  4. price year-over-year trend up, rent year-over-year trend up, and market temperature neutral together imply modest appreciation pressure and stable market balance, but interest rate pressure elevated is a caution that may constrain affordability and slow absorption despite rising prices and rents. elevated interest rate pressure


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

700 W 31st St Ste 1804, Kansas City, MO 64108
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
2 baths
3,286 sqft
$1,350,000
$411/sqft/sqft
256 days on market
700 W 31st St Ste 1502, Kansas City, MO 64108
Premium

Sold above market average

2 beds
2 baths
1,927 sqft
$995,000
$516/sqft/sqft
110 days on market
2510 Grand Blvd Apt 1702, Kansas City, MO 64108
Market Benchmark

Sold at market average

2 beds
2 baths
2,042 sqft
$699,000
$342/sqft/sqft
274 days on market
2510 Grand Blvd Apt 1004, Kansas City, MO 64108
Premium

Sold above market average

2 beds
2 baths
1,485 sqft
$550,000
$370/sqft/sqft
287 days on market
2120 Wyandotte St Apt 16, Kansas City, MO 64108
Value

Sold below market average

2 beds
2 baths
1,885 sqft
$499,000
$265/sqft/sqft
2555 days on market
360 W Pershing Rd Apt 230, Kansas City, MO 64108
Value

Sold below market average

2 beds
2 baths
1,627 sqft
$455,000
$280/sqft/sqft
84 days on market
2940 Baltimore Ave Apt 1502, Kansas City, MO 64108
Market Benchmark

Sold at market average

2 beds
2 baths
1,431 sqft
$450,000
$314/sqft/sqft
65 days on market
2940 Baltimore Ave Apt 1504, Kansas City, MO 64108
Market Benchmark

Sold at market average

2 beds
2 baths
1,440 sqft
$425,000
$295/sqft/sqft
65 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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